Sky Loft @ Shadow Glen
The Sky Loft at Shadow Glenn Apartments is a planned multifamily development to be located on Gregg Manor Road in Manor, Texas. It is being developed by Marcus Building Company in partnership with TCFC as approved through Resolution No. TCFC-2023-12. To provide affordable workforce housing options, 10% of the units (29 units) will be reserved for tenants earning up to 60% of the area median income, and 40% of the units (114 units) will be reserved for those earning up to 80% of the area median income. The remaining 141 units will be rented at market rates. This project requires approval from the City of Manor before construction can begin. TCFC will own the land and project, leasing it back to Marcus Building Company's affiliated partnership.
Details
Documents
Resolution No. TCFC-2023-12
May 18, 2023
To approve and authorize the transactions for the City Walk Place Apartments transaction to be located on Lexington Street in Manor, Texas; and the Sky Loft at Shadow Glenn Apartments to be located on Gregg Manor Road in Manor, Texas, including the execution of all documentation necessary to carry out the transactions; authorizing the purchase of land for the projects and authorizing the Travis County Facilities Corporation to serve as the general contractor; and other matters in connection therewith.
